Home » Reports » Glencore PLC 53.2% Potential Upside Indicated by RBC Capital Markets

Glencore PLC 53.2% Potential Upside Indicated by RBC Capital Markets

Glencore PLC with EPIC/TICKER (LON:GLEN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ today by analysts at RBC Capital Markets. Glencore PLC are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set their target price at 190 GBX on its stock. This is indicating the analyst believes there is a potential upside of 53.2% from the opening price of 124.02 GBX. Over the last 30 and 90 trading days the company share price has decreased 28.58 points and decreased 113.93 points respectively. The 52 week high for the share price is currently at 357.12 GBX while the 52 week low for the share price is 109.76 GBX.

Glencore PLC has a 50 day moving average of 188.81 GBX and a 200 Day Moving Average share price is recorded at 242.77. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 65,445,209. Market capitalisation for LON:GLEN is £16,787,994,382 GBP.

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